American Century Long-Term Tax-Free B (MMDBX)

Basic Info

American Century Long-Term Tax-Free B started on 06/07/1999
American Century Long-Term Tax-Free B is classified as asset class Muni National Long
American Century Long-Term Tax-Free B expense ratio is -
American Century Long-Term Tax-Free B rating is
Not Rated

American Century Long-Term Tax-Free B (MMDBX) Dividend Info

American Century Long-Term Tax-Free B (MMDBX) dividend growth in the last 12 months is -12.08%

The trailing 12-month yield of American Century Long-Term Tax-Free B is 2.44%. its dividend history:

DateDividend
09/30/2011 0.025
08/31/2011 0.025
07/29/2011 0.026
06/30/2011 0.026
05/31/2011 0.028
04/29/2011 0.026
02/28/2011 0.026
01/31/2011 0.028
12/31/2010 0.026
11/30/2010 0.026
10/29/2010 0.025
09/30/2010 0.025
08/31/2010 0.028
07/30/2010 0.028
06/30/2010 0.028
05/28/2010 0.028
03/31/2010 0.028
02/26/2010 0.025
01/29/2010 0.028
12/31/2009 0.028
11/30/2009 0.027
10/30/2009 0.028
09/30/2009 0.027
08/31/2009 0.034
07/31/2009 0.031
06/30/2009 0.026
05/29/2009 0.023
04/30/2009 0.025
03/31/2009 0.022
02/27/2009 0.021
01/30/2009 0.025
12/31/2008 0.026
11/28/2008 0.024
10/31/2008 0.025
09/30/2008 0.024
08/29/2008 0.022
07/31/2008 0.025
06/30/2008 0.024
05/30/2008 0.024
04/30/2008 0.023
03/31/2008 0.026
02/29/2008 0.025
01/31/2008 0.027
12/31/2007 0.027
11/30/2007 0.029
10/31/2007 0.029
09/28/2007 0.026
08/31/2007 0.031
07/31/2007 0.027
06/29/2007 0.028
05/31/2007 0.028
04/30/2007 0.026
03/30/2007 0.029
02/28/2007 0.025
01/31/2007 0.026
12/29/2006 0.028
11/30/2006 0.027
10/31/2006 0.027
09/29/2006 0.026
08/31/2006 0.027
07/31/2006 0.027
03/31/2006 0.023
02/28/2006 0.022
01/31/2006 0.024
12/30/2005 0.016
11/30/2005 0.023
10/31/2005 0.022
09/30/2005 0.024
08/31/2005 0.023
07/29/2005 0.023
06/30/2005 0.022
05/31/2005 0.023
04/29/2005 0.023
03/31/2005 0.023
02/28/2005 0.021
01/31/2005 0.022
12/31/2004 0.023
12/28/2004 0.169
11/30/2004 0.022
10/29/2004 0.022
09/30/2004 0.021
07/30/2004 0.022
06/30/2004 0.02
05/28/2004 0.019
04/30/2004 0.022
03/31/2004 0.021
02/27/2004 0.019
01/30/2004 0.021
12/31/2003 0.019
12/26/2003 0.157
11/28/2003 0.02
10/31/2003 0.023
09/30/2003 0.02
08/29/2003 0.023
07/31/2003 0.023
06/30/2003 0.023
05/30/2003 0.026
04/30/2003 0.025
03/31/2003 0.022
02/28/2003 0.026
01/31/2003 0.032
12/31/2002 0.029
12/26/2002 0.124
11/29/2002 0.03
10/31/2002 0.03
09/30/2002 0.027
08/30/2002 0.032
07/31/2002 0.03
06/28/2002 0.028
05/31/2002 0.032
04/30/2002 0.029
03/28/2002 0.033
02/28/2002 0.029
01/31/2002 0.032
12/31/2001 0.029
12/26/2001 0.203
11/30/2001 0.033
10/31/2001 0.032
09/28/2001 0.033
08/31/2001 0.035
07/31/2001 0.03
06/29/2001 0.032
05/31/2001 0.032
04/30/2001 0.033
02/28/2001 0.027
01/31/2001 0.036
12/29/2000 0.028
12/26/2000 0.023
11/30/2000 0.03
10/31/2000 0.033
09/29/2000 0.034
08/31/2000 0.035
07/31/2000 0.032
06/30/2000 0.036
05/31/2000 0.034
04/28/2000 0.032
03/31/2000 0.036
02/29/2000 0.033
01/31/2000 0.034
12/31/1999 0.034
12/28/1999 0.076
11/30/1999 0.034
10/29/1999 0.034
09/30/1999 0.032
08/31/1999 0.032
07/30/1999 0.033
06/30/1999 0.032

Dividend Growth History for American Century Long-Term Tax-Free B (MMDBX)

Year
Payout Amount
Year Start Yield
Annual Payout Growth (YoY)
CAGR to 2011
2011 $0.21 1.97% -28.81% -
2010 $0.295 2.72% -6.94% -28.81%
2009 $0.317 3.17% 7.46% -18.61%
2008 $0.295 2.79% -10.88% -10.71%
2007 $0.331 3.04% 43.29% -10.75%
2006 $0.231 2.14% -12.83% -1.89%
2005 $0.265 2.44% -33.92% -3.80%
2004 $0.401 3.66% -8.66% -8.83%
2003 $0.439 4.01% -9.48% -8.81%
2002 $0.485 4.62% -12.61% -8.88%
2001 $0.555 5.23% 32.14% -9.26%
2000 $0.42 4.26% 36.81% -6.11%
1999 $0.307 2.93% - -3.11%

Dividend Growth Chart for American Century Long-Term Tax-Free B (MMDBX)


American Century Long-Term Tax-Free B (MMDBX) Historical Returns And Risk Info

From 06/07/1999 to 11/17/2011, the compound annualized total return (dividend reinvested) of American Century Long-Term Tax-Free B (MMDBX) is 4.012%. Its cumulative total return (dividend reinvested) is 63.06%.

From 06/07/1999 to 11/17/2011, the Maximum Drawdown of American Century Long-Term Tax-Free B (MMDBX) is 12.1%.

From 06/07/1999 to 11/17/2011, the Sharpe Ratio of American Century Long-Term Tax-Free B (MMDBX) is 0.67.

From 06/07/1999 to 11/17/2011, the Annualized Standard Deviation of American Century Long-Term Tax-Free B (MMDBX) is 3.5%.

From 06/07/1999 to 11/17/2011, the Beta of American Century Long-Term Tax-Free B (MMDBX) is 0.87.

Last 1 Week* 1 Yr 3 Yr 5 Yr 10 Yr Since
06/07/1999
2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999
Annualized Return(%) 0.0 6.4 6.3 3.2 3.5 4.0 6.6 0.9 11.7 -2.6 0.1 2.9 1.9 2.7 4.1 9.4 4.4 11.6 -2.6
Sharpe Ratio NA 1.92 1.71 0.54 0.6 0.67 2.68 0.27 3.15 -0.48 -1.06 -0.18 -0.11 0.51 0.96 2.6 0.82 3.07 -2.83
Draw Down(%) NA 4.8 7.6 12.1 12.1 12.1 2.8 6.2 3.4 12.1 4.5 2.3 2.6 5.7 5.9 3.8 3.5 2.9 3.8
Standard Deviation(%) NA 3.3 3.6 4.3 3.7 3.5 2.8 3.1 3.7 7.3 2.8 2.2 2.3 3.5 3.5 3.2 2.6 2.5 2.8
Treynor Ratio NA 0.07 0.06 0.02 0.03 0.03 0.09 0.01 0.12 -0.03 -0.04 -0.01 0.0 0.02 0.04 0.11 0.03 0.1 -0.1
Alpha NA 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.01 0.01 -0.01 -0.01 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Beta NA 0.92 0.96 0.98 0.89 0.87 0.87 0.95 0.96 1.04 0.82 0.72 0.76 0.78 0.79 0.78 0.74 0.75 0.75
RSquare NA 0.86 0.87 0.89 0.88 0.87 0.81 0.9 0.9 0.92 0.79 0.78 0.86 0.93 0.92 0.91 0.85 0.79 0.79
Yield(%) N/A 2.4 2.9 2.7 3.2 N/A 2.0 2.7 3.2 2.8 3.0 2.1 2.4 3.7 4.0 4.6 5.2 4.3 2.9
Dividend Growth(%) N/A -12.1 3.1 -26.0 N/A N/A -28.8 -6.9 7.5 -10.9 43.3 -12.8 -33.9 -8.7 -9.5 -12.6 32.1 36.8 N/A

Return Calculator for American Century Long-Term Tax-Free B (MMDBX)

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American Century Long-Term Tax-Free B (MMDBX) Historical Return Chart

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American Century Long-Term Tax-Free B (MMDBX) Rolling Returns Charts

A rolling return for a period such as 5-year, as of a specific date, represents the investment’s performance over the preceding five years leading up to that date. In the 5-year rolling chart, the value on any given date corresponds to the annualized return for the preceding 5 years up to that very date. Thus, for instance, the chart value on 8/28/2015 reflects the annualized return from 8/28/2010 to 8/28/2015. A 5-year rolling return chart for an investment (stock, fund or portfolio) depicts the return sequence of 5-year trailing returns for the dates in the chart.

These rolling returns contrast with the most recent 3, 5, 10, and 15-year returns, as they solely depict the returns for those respective periods leading up to the most recent date, without encompassing every date in the historical record.

Rolling return charts offer a more precise insight into a portfolio’s risk and return stability (including funds or individual stocks). This is particularly true when focusing on the minimal return points within a rolling return chart as a measure of a fund or a portfolio's risk. A well-known observation, often attributed to ‘Murphy’s law’, is that it tends to perform poorly when investors decide to follow an investment due to its recent strong returns. Sound familiar? Information regarding minimum rolling returns could help mitigate this predicament. Investors can opt for an investment showcasing high minimum rolling returns within their preferred holding durations. In fact, merely possessing knowledge of such minimum rolling period returns can anchor investors’ expectations.

For instance, let’s consider an investor who follows a model portfolio (or even simply purchases and holds a fund like VFINX or SPY) for 10 years. Armed with knowledge of this portfolio’s minimum 10-year rolling return since its inception date or the fund’s inception (in the case of VFINX, recognizing that the minimum 10-year rolling return since 1987 could be as low as -2.24%), the investor should reasonably anticipate the potential for the portfolio to incur losses over the forthcoming 10 years.

Minimum rolling return for a period such as 10-year offers a different and often better historical risk and return metric than other popular risk and return metrics such as Sharpe ratio, standard deviation (volatility) or maximum drawdown.

See Portfolio Calculator and Rolling Returns for more detailed description.

From 06/07/1999 to 11/17/2011, the worst annualized return of 3-year rolling returns for American Century Long-Term Tax-Free B (MMDBX) is -0.1%.
From 06/07/1999 to 11/17/2011, the worst annualized return of 5-year rolling returns for American Century Long-Term Tax-Free B (MMDBX) is 0.88%.
From 06/07/1999 to 11/17/2011, the worst annualized return of 10-year rolling returns for American Century Long-Term Tax-Free B (MMDBX) is 3.26%.
From 06/07/1999 to 11/17/2011, the worst annualized return of 20-year rolling returns for American Century Long-Term Tax-Free B (MMDBX) is NA.

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